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Jane Peters | Connecting you to the Los Angeles Real Estate Scene

If you have arrived on this site, presumably you are looking to buy or sell a home in the Los Angeles area. I have endeavored to provide as much information as possible to help you understand both the process of buying and selling a home in Los Angeles and for buyers to find their dream home.

Please feel free to browse homes for sale in your community of interest. Search by price, or find new listings. Maybe you are interested in recent sales or would like to know how the market is doing? However, if you don’t find what you are looking for or need extra help, please don’t hesitate to contact me

LOS ANGELES REAL ESTATE NEWS AND VIEWS

When you have found the home you love, your real estate agent will help you decide how to structure your offer in a way that it will be accepted. Here are some points to consider:
The amount of earnest money. This is usually 3% of the purchase price.
The down payment and financing details. Putting anything less than 20% down will most probably result in you having to pay Private Mortgage Insurance, and also will make you less competitive in a sellers' market. More …

Hopefully you will have your own agent representing you in the purchase, but if you are using the listing agent, who is working for the seller, make a point of asking him or her to keep your discussions and information confidential.
Your real estate agent will advise you on the right offer to make which will depend on several factors: recent sales, the condition of the home in comparison, and how long it has been on the market, which may influence the flexibility of the seller. More …

The overall way that lenders decide how much loan you qualify for, and that is by considering your debt-to-income ratio. This is a comparison of your gross (pre-tax) income to housing and other expenses.
Other expenses include such long-term debts as car or student loan payments, alimony, or child support. More …

Let's take a look how Los Angeles real estate did in 2014 and compare it to the previous year. The communities below exclude the cities of Beverly Hills, Santa Monica, West Hollywood, and Culver City, and the communities of Westwood, Brentwood and Century City which are covered separately, as is the Wilshire Corridor. More …